Tag: General Motors
Car manufacturers report impressive sales gains for 2023, GM tops list
Domestic and import car manufacturers jostled for market share throughout 2023 but made overwhelming progress in year-over-year sales as production, affordability, and demand normalized.
General...
GM offers $7,500 discount for EVs that lost tax credit eligibility
Despite the government stripping General Motors of crucial electric vehicle tax credits, the automaker announced it would provide $7,500 incentives for its EVs. At...
GM sues San Francisco over $108 million tax bill linked to...
General Motors filed a lawsuit alleging that San Francisco had unfairly taxed them $108 million over a seven-year period.
According to GM, San Francisco linked...
These vehicles will no longer be eligible for EV tax credits...
The automotive industry now knows more about which vehicles will and won't be eligible for the electric vehicle tax credits starting on January 1,...
Almost half of U.S. Buick dealers choose buyout program in light...
Through an ongoing voluntary buyout program, General Motors has nearly halved the size of its Buick dealership network in the United States.
According to Duncan...
Researchers slash electric vehicle sales forecasts for 2024
While electric vehicle sales are still on track to grow in 2024, analysts have grown more cautious toward the segment following a disappointing year...
GM to layoff 1,300 workers in Michigan early next year
Starting early next year, General Motors intends to lay off approximately 1,300 workers in Michigan due to ending production of specific vehicle models.
On Dec....
Cruise fires 9 leaders, lays off 900 employees amidst safety probes
This week, Robotaxi service and General Motors subsidiary Cruise let go of nine leading team members and revealed it would lay off an additional...
Hybrid cars gain traction as automakers navigate EV transition
Several car makers are more closely considering producing hybrid cars and trucks to meet consumers' growing demand and avoid incurring penalties from federal fuel...
GM, Autocar announce JV to create range of ZEV commercial vehicles
General Motors and Autocar Industries have reached a joint development agreement to produce a line of zero-tailpipe emission commercial vehicles that run on GM's...
